Barclays today announces the appointment of Ricardo Fernandez as Head of Investment Banking for Mexico. In this role Mr. Fernandez will report to Raul Martinez-Ostos, Chairman and CEO of Barclays for Mexico and Latin America.

With close to 25 years of experience in investment banking, Mr. Fernandez has advised on a number of complex and strategically important transactions in Mexico during his career. He joins Barclays from Bank of America, where he was Head of Mexico Investment Banking from 2017. Prior to joining Bank of America, Mr. Fernandez spent 12 years at Credit Suisse as Head of Mexico Investment Banking and Capital Markets Group, and before that started his career at JP Morgan working in Debt Capital Markets (DCM).

Raul Martinez-Ostos said: “Under Ricardo’s sole leadership of our Advisory, DCM and Risk Solutions Group (RSG), these closely integrated teams will continue to grow and thrive, and our clients will benefit from this unique and powerful locally focused construct. Ricardo has a deep understanding of Mexico’s financial sector and industries, and during his long and successful career to date has built very strong relationships and has an outstanding credibility that will be immensely valuable as we continue to expand our coverage in Mexico. This will serve to further position our franchise as one of the leading investment banks in the country, working in close partnership with our clients to drive differentiated and successful outcomes.”

Barclays has been a trusted partner in Mexico for decades, having led some of the country’s largest transactions for its most important clients, including the Mexican government. Barclays has recently led the largest landmark banking transactions in Mexico, which include acting as sole financial advisor to Mexico’s retail and bottling giant FEMSA on its US$7bn sale of a stake in Dutch brewing company Heineken, and exclusive advisor to the Mexican Government on its US$6bn acquisition of a 8,500MW power portfolio from Iberdrola, a global leader in clean energy, grids and storage. In addition, earlier this month Barclays acted as global coordinator and lead bookrunner for a US$446mm equity offering on the NYSE for Vesta, a Mexican industrial real estate company, the first US listing for a Mexican issuer since 2017.

About Barclays

Barclays is a British universal bank. We are diversified by business, by different types of customer and client, and geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group. Barclays offers investment banking products and services in the US through Barclays Capital Inc. For further information about Barclays, please visit our website home.barclays.

About Barclays Corporate and Investment Bank

Barclays Corporate and Investment Bank is comprised of the Investment Banking, International Corporate Banking, Global Markets and Research businesses. It provides money managers, financial institutions, governments, supranational organisations and corporate clients with services and advice for their funding, financing, strategic and risk management needs. For further information about Barclays Corporate and Investment Bank, please visit our website www.cib.barclays.

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